India's central bank barred four non-bank finance companies (NBFCs) from sanctioning and disbursing loans due to "usurious" ...

Risks posed by climate change and digitalisation are likely to make it tougher for central banks to implement ...

The RBI has barred Navi Finserv, DMI, Asirvad, and Arohan from issuing new loans, citing excessive interest rates and ...

Besides Navi Finserv, others who have been barred by the RBI include Asirvad Micro Finance, Arohan Financial Services and DMI ...

Muvattupuzha Urban Cooperative Bank launching digital platform on October 18 with latest technology for customers.

Reserve Bank of India (RBI) has released a draft climate-related risk disclosure framework, requiring all commercial banks ...

Axis Bank reports strong Q2FY25 results with 18% YoY profit growth, stable NIM, and rising stress in unsecured loans.

India's retail inflation rose to 5.49% in September, driven by higher vegetable prices and a lower year-ago base, surpassing ...

The Reserve Bank of India has banned four NBFCs from issuing new loans starting October 21, 2024, citing excessive lending ...

The Reserve Bank of India (RBI) has held its key interest rates even though headline inflation has fallen below its target.

The RBI does not want banks to use step-down entities to circumvent norms that do not apply to them. Effectively, some ...

Banks in several cities will remain closed today, Thursday, October 17, in observance of Maharshi Valmiki Jayanti and Kati ...